tag:blogger.com,1999:blog-1724254580047847936.post7523365650488721580..comments2024-03-27T20:09:00.283-04:00Comments on Tenkar's Tavern: Butt Kicking For Goodness - Trying to Peek Behind the Curtain of the Gygax Memorial FundTenkarhttp://www.blogger.com/profile/05159289652051155824noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1724254580047847936.post-47618412307967787032012-12-14T20:22:17.753-05:002012-12-14T20:22:17.753-05:00@seth - let me get this straight -
they ended 201...@seth - let me get this straight -<br /><br />they ended 2010 with $7,230 in assets<br /><br />in 2011, they took in over $15k, but ended up with only $9,774 in assets<br /><br />thats a net expenditure of of just under $13k in 2011<br /><br />either the numbers are wrong or there is a significant amount of shrinkage, and not from the cold water in the poolTenkarhttps://www.blogger.com/profile/05159289652051155824noreply@blogger.comtag:blogger.com,1999:blog-1724254580047847936.post-77511995655478470982012-12-14T20:10:14.679-05:002012-12-14T20:10:14.679-05:00Unfortunately guidestar.com is woefully lacking in...Unfortunately guidestar.com is woefully lacking in information. They only have a single 990 form, from 2010. It lists $11,285 in contributions, $4,055 in expenses, and $7,230 in assets. None of the officers receive any compensation, and Gail Gygax is listed as the president. <br /><br />http://www.nonprofitfacts.com//WI/Gygax-Memorial-Fund-Inc.html lists the 2011 income as $15,373 with $9,774 in assets, but I don't know how accurate that is. Anonymoushttps://www.blogger.com/profile/12961721186586684781noreply@blogger.comtag:blogger.com,1999:blog-1724254580047847936.post-91054357401114204762012-12-14T19:33:18.150-05:002012-12-14T19:33:18.150-05:00501(c)(3) organizations are required by the IRS to...501(c)(3) organizations are required by the IRS to make their completed IRS-990 form available to the public for inspection. There are specific guidelines as to how that is to be done. However, the information is available for free online at Guidestar.com (there are some other places online where the info can be found). The IRS-990 form is completed annually in lieu of a tax return. It contains the annual revenue (by type of source, not by name), expenses, fundraising expenses, assets and investments, list of Directors/Trustees, and possibly some limited information about staff compensation. There are also some yes/no questions about policies related to the Board of Directors/Trustees and financial practices.<br /><br />501(c)(3) nonprofit organizations are not required to disclose information about individual donors (identity and amount). <br /><br />Individual U.S. states may require additional disclosures. That info is usually found on the websites of each state's Dept of State (or equivalent dept). Donors can also request more information from an organization before contributing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1724254580047847936.post-75905875218993204242012-12-14T19:26:31.093-05:002012-12-14T19:26:31.093-05:00A statue might be erected sometime - but I wouldn&...A statue might be erected sometime - but I wouldn't bet on it.Simonhttps://www.blogger.com/profile/01173759805310975320noreply@blogger.comtag:blogger.com,1999:blog-1724254580047847936.post-88712247199824687142012-12-14T19:13:50.077-05:002012-12-14T19:13:50.077-05:00A 501(c)(3) organization has to make available its...A 501(c)(3) organization has to make available its exemption application and its annual tax return such as Form 990/990-EZ/990-PF/990-T and Form 1065.<br /><br />Requests can be made in writing (fax/email/etc) or in person to the principal office or any regional/district offices with three or more employees. If requested in writing, the organization has 30 days to honor the request. They are allowed to charge a fee for copying and actual postage; if they do, they must make the approximate cost and acceptable form(s) of payment known within 7 days of receiving the request.<br /><br />You can also request the information directly from the IRS via Form 4506-A.Eldric IVhttps://www.blogger.com/profile/12386633840449108605noreply@blogger.comtag:blogger.com,1999:blog-1724254580047847936.post-78283418570600971492012-12-14T18:31:51.760-05:002012-12-14T18:31:51.760-05:00I think these are all reasonable questions to ask ...I think these are all reasonable questions to ask of an outfit looking for donations. As a 503(c), what sort of information are they obligated to disclose?Jeremy Deramhttps://www.blogger.com/profile/13166744272459044563noreply@blogger.comtag:blogger.com,1999:blog-1724254580047847936.post-47992707563139452132012-12-14T18:28:07.635-05:002012-12-14T18:28:07.635-05:00Interesting and good stuff, I really appreciate yo...Interesting and good stuff, I really appreciate your scrutiny on both the Kickstarters and now the Gygax Memorial Fund, something my own group locally was discussing (especially the lack of info on just how much money from the AD&D reprints went to the fund). When you say you were "asked to step away from Kickstarters with this post" I hope that was only to focus on this, and not a veiled threat from KS goons with pillow-cases full of soap bars, though! I really have been enjoying your KS analysis.Doctor Futurityhttps://www.blogger.com/profile/02586371999646337047noreply@blogger.com